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Finance

Silicon Knights to go self publishing

Fri 15 Jul 2011 7:42am GMT / 3:42am EDT / 12:42am PDT
FinanceDevelopment

Secures CAD $3 million in funding and will hire 80 new people

Silicon Knights

Silicon Knights® is a guild of talented individuals dedicated to creating groundbreaking video games....

siliconknights.com

Silicon Knights, the Canadian developer of Too Human, has received CAD £3 million in government funding and plans to use the money to become self publishing.

It also plans to hire 80 new team members, upgrade company tech like new 3D tools, and support new, unannounced, projects.

"This is going to benefit Silicon Knights in ways that are profound and long-lasting," said Denis Dyack, company president.

"With Ontario government support, we are better-positioned to further develop the eighth art of video games. This will enhance our competitive edge within the highly-competitive video game market, help us become a self-sustainable, self-publishing entity, and allow us to enter lucrative global markets."

Silicon Knights is currently developing a 3D game development engine with "new advanced camera systems, improved audio and video and better computing technology."

Dyack also spoke about the small number of developers now working on big, AAA titles, but was reticent about Silicon Knight's projects beyond X-Men Destiny for Activision.

"In our industry, you have to be very careful never to announce anything until the right time. We can only say it's a next generation title and a high production value game. That's all we can say."

The funding was announced by yesterday by Sandra Pupatello, Minister of Economic Development and Trade in Ontario.

""Our province continues to be an innovative leader in the high-growth, global video game market," Pupatello said.

"Ontario's support to Silicon Knights will expand production of its unique, next-generation 3D Game Engine, target new markets, and create highly-skilled jobs for St. Catharines and the surrounding community."

Silicon Knights currently employs around 97 people, and in April of last year was awarded a CAD $4 million grant by Ontario's Community Adjustment Fund. That grant allowed the company to add around 65 new employees to its line up.

5 Comments

Adam Campbell
Studying Games Technology

101 0 0.0
I think this could be very interesting.

Posted:3 years ago

#1

Patrick Frost
QA Project Monitor

393 188 0.5
I think that this will be a good move for SK. They have had a bad history of working with other companies, for what reasons I will probably never know, so I think this suits them. As a developer they have some very talented people, so hopefully they can build an environment to support them.

Posted:3 years ago

#2

Tim Carter
Designer - Writer - Producer

554 270 0.5
Publishing is a specialty activity. It requires understanding of marketing principles, established contacts with advertising channels, and so forth. Usually it's better to work with other parties than to build stuff yourself, when you are going beyond your core competency.

If you are building a house, you hire a carpenter, you don't think you can just learn carpentry overnight and do it yourself.

It's hubris of many developers to believe that marketing is easy and anyone can do it.

Edited 1 times. Last edit by Tim Carter on 18th July 2011 12:19am

Posted:3 years ago

#3
With the extra grant, you'd think SK would invest in a marketing, add and publishing arm rather than spend more money down the tech route. Look at Id, it doesnt take a genius to realise that the days of tech only investment is unbalanced. Anyways, the proof is in the puddin, lets see what the puddin bakes in a next few years.

Posted:3 years ago

#4

Michael Perez
Student - Game Blogger

3 0 0.0
I am extremely glad that some dev studios are not closing down and have the opportunity to become more independent.
I wish them good luck!

Posted:3 years ago

#5

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